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 Stories About: business AND energy AND news AND oil AND public lands AND United States
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Shale We Dance?
Bush admin proposes low royalty rates in push for U.S. oil-shale development |
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23 Jul 2008 |
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| Posted at 7:43 AM on 23 Jul 2008 The Bush administration proposed rules [PDF] for U.S. oil shale development Tuesday that include charging lower royalty rates for oil-shale production on public lands than it does for other oil and gas drilling. The lower royalties are meant to encourage oil-shale production since, as it turns out, the energy- and pollution-intensive process of cooking rocks before pumpi ... |
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| Topics: business, energy, news, oil, public lands, United States (all these topics) |
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